BitMEX pushes into 24/7 stock perps as tokenized equities heat up

BitMEX is rolling out 24/7 Equity Perps that use crypto as collateral for exposure to major US stocks and indexes, as exchanges from Bitget to Kraken race to bring equities onchain.

BitMEX is expanding beyond crypto-native markets with the launch of Equity Perps, a new line of perpetual swap contracts that provide 24/7, crypto‑collateralized exposure to major US stocks and indexes like Apple, Tesla, Nvidia, the S&P 500 and the Nasdaq, according to a press release shared with Cointelegraph.

The product mirrors the role perpetual swaps played in reshaping crypto markets with non-expiring, funding‑rate‑based, highly leveraged exposure — now applied to equities that have traditionally been confined to limited market hours.

The move comes as onchain access to equities is showing signs of traction. Bitget recently reported that cumulative spot trading volume for tokenized stocks on its platform had surpassed $1 billion, with roughly 95% of that volume generated in December alone, driven in part by surging demand for gold and silver-linked products as precious metals hit record highs in traditional markets.

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